First Business Financial Services (FBIZ) Receives Daily News Sentiment Rating of 0.00
Media coverage about First Business Financial Services (NASDAQ:FBIZ) has trended somewhat negative this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. First Business Financial Services earned a coverage optimism score of 0.00 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 44.8127705881461 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news stories that may have effected Accern’s scoring:
- Reviewing First Business Financial Services (FBIZ) & The Competition (americanbankingnews.com)
- First Business Financial Services, Inc. (FBIZ) Expected to Announce Quarterly Sales of $20.00 Million (americanbankingnews.com)
- First Business Financial Services, Inc. (FBIZ) Expected to Announce Earnings of $0.44 Per Share (americanbankingnews.com)
- First Business Financial Services, Inc. (FBIZ) Receives Consensus Recommendation of “Hold” from Analysts (americanbankingnews.com)
A number of equities analysts have recently weighed in on FBIZ shares. Zacks Investment Research downgraded First Business Financial Services from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $25.00 target price on shares of First Business Financial Services in a report on Thursday, August 3rd. Finally, TheStreet downgraded First Business Financial Services from a “b” rating to a “c+” rating in a report on Friday, July 28th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the stock. The company currently has an average rating of “Hold” and an average target price of $26.00.
First Business Financial Services (NASDAQ:FBIZ) last released its earnings results on Friday, July 28th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.41 by ($0.19). First Business Financial Services had a return on equity of 7.25% and a net margin of 12.64%. The firm had revenue of $20.22 million during the quarter, compared to analysts’ expectations of $19.45 million.
In other First Business Financial Services news, insider Charles H. Batson sold 2,300 shares of the firm’s stock in a transaction on Friday, August 4th. The stock was sold at an average price of $21.25, for a total value of $48,875.00. Following the completion of the sale, the insider now directly owns 26,907 shares of the company’s stock, valued at $571,773.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jerome J. Smith sold 1,250 shares of the firm’s stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $21.17, for a total value of $26,462.50. The disclosure for this sale can be found here. Insiders sold 5,025 shares of company stock valued at $106,903 over the last three months. Company insiders own 6.60% of the company’s stock.
First Business Financial Services Company Profile
First Business Financial Services, Inc (FBFS) is a bank holding company. The Company engages in the commercial banking business through its bank subsidiaries, which include First Business Bank (FBB), First Business Bank-Milwaukee (FBB-Milwaukee) and Alterra Bank (Alterra) (FBB and FBB-Milwaukee and, together with FBB, the Banks).
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